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The Gains from Research into Tradable Commodities
Author(s) -
Edwards Geoff W.,
Freebairn John W.
Publication year - 1984
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1240614
Subject(s) - rest (music) , economics , distribution (mathematics) , wool , aggregate (composite) , agricultural economics , microeconomics , industrial organization , mathematics , geography , composite material , medicine , mathematical analysis , materials science , archaeology , cardiology
This paper develops a model for assessing the aggregate level and distribution of the benefits of reseach into tradable commodities. It estimates gains to Australia and to the rest of the world from research into the wool and wheat industries.